Slavery Was a Discriminative Vice That Affected the Blacks and Scots Research Paper

Slavery Was a Discriminative Vice That Affected the Blacks and Scots in England - Research Paper Example Even after the independence of the native countries, the slaves would still serve in the Britain industries. This is an evident trend across the majority of the western nations. The existence of these slaves brought subsequent generations that entailed racial and cultural diversity. This phenomenon has revealed trends of stereotypes and diversities amongst ethnic groups in society. Majority of the blacks still appear as slaves to the recent day3. Usherwood explores this trend in his article. He uses his legal expertise to advocate for the complete abolition of slavery in western nations. Slavery is a historical phenomenon that manifests intense persistence in modern society. Slave trade and immigration from Africa was an antique event4. However, its ramifications are still evident in the modern day. The trends of slavery have survived antiquity and infiltrated to the current society. This is due to the political perspective of slavery. Most nations viewed slavery as a positive featur e in society5. Therefore, policies would be implemented for the existence and advocacy of slavery. This would occur in the western governments due to their power over the colonial subjects. It would also occur in these nations due to the cheap labor6. These were major factors that posed a major difficulty in the abolishment of slavery. Therefore, slavery trends are still existent after the historical events of immigration and the slave trade. The initiation of the slavery abolition was evident in a court of law. Lord Chief Justice ordered for a release of slaves in England7. This would be a challenging process, but the legal system still pursued it. In this time, the legal system ordered all the slave owners to set them free and settle their compensations in harmony. This court order was not a congruent move with the majority of the slave masters in society.

Do Political Parties Help or Hurt America Essay Example for Free

Do Political Parties Help or Hurt America Essay Political parties have been in America since the very inception of the country. Political parties were originally designed to give voice to a group of peoples interests. But as the time has passed, the ideas being presented has been growing less about the people and more about the power and the longevity of the party and the people controlling it. The people are not voting for the candidate that they think will represent them the best but for the D or the R that appears on the side of the name. Should this be the main thing we look to when deciding the leaders of our government? The issue that people take with the concept and general structure of the modern day political parties is the reality of its inability to effectively govern with its supporters. The state must not be usurped by side interests or used as a means of dictating unpopular or even popular laws. In todays parliamentary and representative republics, it is the power behind the party, not necessarily the party itself that decides policy. The question is, in todays capitalistic world, will it be the people or the economic and financial advisers that hold the Party keys? Undoubtedly, it must be the people. However, here we encounter the question of how large a role any particular political party must take within the ideally reconstructed and redefined state. Lets not forget: the state is but a temporary structure devised and built by Man. It is little more than the regulatory body that encompasses the concept of the political party. As such, it stands to be reformed or, in certain cases, overhauled by the parties that reside within it. What the people behind the Party must do, is make sure that their needs and necessary wants be taken up by the Party itself. This is but one aspect of the political party; my concern lies in the eventual and it would happen eventually fostering of a broader party cult of personality. Examples of this can be seen from the U. S. to Asia, from Europe to S. America and Africa. When the people begin to support the idealized face of party politics more so than the spirit of the individual, they resign themselves to the dictatorship of the governmental coalition. Instances of these can be seen in Americas dual-party political system, as well as in certain European states. In essence, the Party becomes little more than a modified form of political and social dictatorship. I would argue that while political parties have their place within society, their role and importance should be greatly isolated and/or minimalized. They should be nothing more than mouthpieces for the people who make up their constituency; as a legislative and governing body, their role must be subjected to the democratic will of the people they represent. I would propose a Democracy from the bottom up instead of the more recognized Democracy from the top down. Because living in a government with no freedom, is a fate worse than death!

Comparing the Duke and Angelo in Measure for Measure :: Comparison Compare Contrast Essays

Comparing the Duke and Angelo in Measure for Measure Angelo and the Duke are similar in the following respects: they both initially claim immunity to love and later come to be affected by it; to achieve ends they desire, both manipulate others into situations those others would not willingly choose to be in; both have sought to maintain a particular reputation; they both spend much of the play seeming other than what they appear; both think themselves to be other than what they are in the beginning; and both claim to value a life removed. The Duke says: â€Å"Believe not that the dribbling dart of love / Can pierce a complete bosom† (1.3.2-3). Angelo said, â€Å"Ever till now, / When men were fond, I smiled and wondered how† (2.2.185-186). The Duke asks Isabella to marry him by the end—which isn’t necessarily proof of love, however. The play begins with the Duke manipulating Angelo to â€Å"weed† the vice of the people (3.2.258), and to see â€Å"what our seemers be† (1.3.58). The Duke has reason to believe that Angelo will strictly enforce laws that the Duke had neglected to enforce (1.3.50-53). We have already seen how Angelo manipulates Isabella. The Duke’s manipulation, he believes, will bring order to his people without him personally having to be perceived a tyrant, â€Å"And yet my nature never in the fight / To do it slander† (1.3.42-43). Angelo, too, has taken pride in maintaining a particular reputation. The Duke’s great concern about being slandered suggests he has a less than complete bosom, showing a lack of self-knowledge—another feature shared by Angelo. The Duke manipulates others in part by using a disguise. Angelo, too, comes to use a disguise (2.4.12-15; 2.4.153-156). In addition, the Duke has â€Å"ever loved the life removed† (1.3.8), which sounds similar to Angelo’s reputation for austerity. The differences between the Duke and Angelo are far greater, however, depending on the reading the play is given (All the perspectives I mention below come from Lever’s ‘Introduction’). It is possible to interpret the Duke as being more a stage device than a full-fledged character. His primary role may be to represent the middle way that good rulers should adopt, and to orchestrate the trials and learning experiences that move the other characters from their extreme positions into more moderate ways of being. The Duke does this by implementing the historic ruse of going in disguise among his people to find out how things are really going, and to set them right if need be.

Moment to remember

A moment to remember When I was young I knew I wanted to have two children when I got married, a boy and a girl. I gave birth to my first child in 1998, a little girl who was premature and then in 2001 my second daughter came along. My husband and I were very happy that we had two healthy babies, but we knew deep inside we still wanted to have a son, but unfortunately we weren't able to afford another child at that time.Many of our family members were having children, my brother's wife had given birth to their son and then my brother-in-laws wife had given birth to their son also. My husband and I were extremely happy for them, but we longed for our own son as well. Many years passed by and our girls were growing up healthy and strong and our careers were going well and after many nights of discussion my husband and I decided to try for a son of our own.I read so many books on how to determine the sex of a child and how to conceive a boy. I talked to so many older family members and heard so any myths on how to make a boy that I got tired and Just said whatever God's plan is will be. Two months later my husband and I found out we were expecting our third child and then three more months later we went to our first ultrasound appointment.That day was a very exciting day for our entire family, everyone wanted us to be having a boy as bad as we did, and they knew how long we waited and how much It meant to us. My husband and I held hands while watching the monitor, seeing our child for the first time and listening to the strong heartbeat, then the question came would you care to know the sex of your baby' my husband and I said â€Å"YES† at the same time, and then we heard†¦ It's a BOY'!!!!

A Written Assessment for work in the nursing profession Essay

Question 1: Explain the ‘health’ and ‘wellness’. Health is the ability of an individual to function well physically, mentally, socially, and spiritually to be able to demonstrate the full range of one’s â€Å"unique potentialities within the environment in which one is living† (Farlex, 2013). Our Health can be affected by the way we deal with our social, physical and psychological issues in life. Shelter, food, education, social security, health and social services, income and employment are one of the factors that leads to the condition of our health. Wellness is â€Å"a state of complete physical, mental and social wellbeing and not merely the absence of disease and infirmity† (WHO, 1974). Wellness goes beyond the absence of symptoms and works toward achieving maximum potential and prevention of health problems. We tend to think that a person who shows no sign of illness is healthy. Positive thinking helps gives us answers, control and the way out of illness and problems whereas if we think negative it strips us of power and control. To achieve a good health we must involve ourselves to exercise, proper nutritional food, good sleep and healthy lifestyle. Question 2: Health Models can provide nurses with a framework to help guide the focus of their nursing care. Describe two of these models and how they can influence a person’s health. One of the health models is the Holistic Health Model. Holistic health is defined as a â€Å"wellness approach that addresses the body, mind and spirit or the physical, emotional/mental and spiritual aspects of an individual† (Perkins, 2007). By spiritual means the essence of who you are. Holistic health is how our physical state, mental state and experience in life responds to the status of our health. Nurses can help and encourage patients to engage in the healing process and practice a variety of self-care strategies to better their health and wellness. Another one of the health models is The Illness-wellness continuum, which is a guide to help understand the degree of illness and wellness of an individual in terms of their health. â€Å"Illness is characterised by  responsibility and purposeful actions to maintain high levels of health† (Central Institute of Technology, (n.d.), p. 64). This model will help guide the nurses in identifying the client’s level of illness and what methods of help and care they can give to the client to improve their health and wellness. Question 3: There are a number of factors, which have an influence on our health. Please identify four factors and explain how they can influence a person’s health. Some factors that influence our health are as follows: Employment/Income – Gives people the opportunity to earn money and enjoy it by spending for their needs and what they want. Our income will help us provide for our families proper nutrition, and safe shelter. Having a job will help pay our bills, medication, health insurance and other necessities. Physical Environment – Having to have clean air, water and surroundings will have a lesser impact to our health. Exposure to heavy metals, chemicals, and other environmental toxins and pathogens can affect our health as these can be harmful to our body. Having a healthy and safe working environment helps to reduce any injury or harm. Aside from these, having a safe house, communities and surroundings will help us achieve good health Nutrition – Proper nutrition, healthy food to eat has a big impact on our health. If we eat unhealthy, fatty foods it will not only make us over weight but can be a cause of serious illness in our body. By eating plenty of fresh, green vegetables and having a balanced diet gives our body the nutrients we need to have a healthy life. Lifestyle – Lifestyle defines how we live. Being involved in sports, exercise regularly, eating healthy, having the right weight are all part of healthy lifestyle but if we involve ourselves to bad habits like smoking, alcohol and drugs then we wouldn’t achieve that good health that our body need. Question 4: People from other countries will face heath and illness issues than those we face in Australia. Choose a country other than Australia and identify two unique or different health/illness issues they face. Philippines faces a lot of health issues and one of them is tuberculosis. Tuberculosis is a â€Å"potentially contagious disease that can affect almost any part of the body but is mainly an infection of the lungsâ⠂¬  (Tuberculosis, 2014) It is a communicable disease which can be transferred from one person to another via air when they sneeze, cough or spit. Symptoms include coughing for more than two weeks, weight loss, cough with blood, chest pain and fever. About 10-15 people anually are infected with this disease by a tuberculosis patient. Normally, this disease infect adults but it can also be acquired by children. It is curable and preventable as well. There was an estimated 260,000 people infected with tuberculosis in 2011 according to the WHO in the Philippines and 28,000 of them die per year. The prevalence rate is high with elders, urban porr, smokers, people with HIV, and those who suffer from malnutrition. Another health issues that the Philippines faces is Malaria. According to the World Health Organization, over 12 million people in that country are at risk of death caused by malaria. Most of the cases occur in mountainous and forested areas that are infested with Plasmodium and other species. The virus can be transferred by the species by puncturing the human skin where the virus flow on the blood stream, spreading in the whole body. In an hour, malaria can kill a person if they are not aware that they have been bitten. The World Health Organization together with Department of Health came up with different programs which talked about treatments and awareness about malaria. Question 5:  a) What are some of the different health issues facing Aboriginal and Torres Strait Islander people here in Australia? Please describe at least 3 and include in your answer some of their health beliefs and practices that may have an influence on their health. One of the most common health issues faced by Aboriginals and Torres Strait Islanders is ear disease/hearing loss, one in eight persons have a case of ear disease or hearing problems. Heart and circulatory disease is also one of them. The indigenous people had  the higher rate of heart and circulatory disease compared to non-indigenous people who live in Australia. The last most common health issues faced by Aboriginals and Torres Strait Islander is Asthma. One in every six persons have asthma according to the survey done by Australian Bureau of Statistics. There was as much cases of indigenous people who live in non-remote area who has asthma. The Aboriginal and Torres Strait Islander people greatly believe in traditional medicine and this highly influences their health. One aboriginal elder and medicine woman, Anna Warren, said that the core of the traditional aboriginal medicine is the â€Å"spirit†. She said that if the body is well, then the spirit will be well too. She added that it requires deep listening to be able to connect with the spirit. For these indigenous people, they feel that western medicine is alienating and makes them uncomfortable to the point where they would avoid seeking treatment. Aside from this, many indigenous people do not trust the health care system due to their negative previous experiences (i.e. racism and mistreatment) while they were given services. b) How should this influence how health care is delivered to Aboriginal and Torres Strait Islanders. Based on the website made by Creative Spirits, in order to make great improvements possible and to make the indigenous people feel more comfortable and for the health care system to regain the indigenous people’s trust, the following should be considered: Employ indigenous staff – more indigenous patients will be at ease seeking help or treatment when they know that more indigenous staff work in the health sector. Create an aboriginal-friendly feel – hospitals, clinics and other health care related pplaces should incorporate indigenous art works because this help them feel relaxed and connected with the place. The indigenous people will have the sense of belongingness and pride when they see their artwork  displayed. Verify informed consent – this is a process which should be stricty followed if an indigenous patient will undergo any medical procedure which involves the right person within the network of kinship and community relationships. Help Aboriginal patients understand their disease – providing visuals, using clear and simple language, much better if native language is used will help the indigenous people understand what causes their condition. Have culturally aware staff – Aboriginal culture training should be taught to the staff in order to give them better understanding and for them to offer respect to the indigenous people. Offer low price treatments – medical treatments should be made affordable for the indigenous people as most of them have little or no income at all. Question 6: Nursing as a profession has had many changes over the time. Compare nursing as a profession in 2014 to 1960 in the areas of education and professional appearance. During 1960 when it comes to professional appearance nurses use to wear white dresses, stockings and starched caps. It was during this decade that uniform also take a turn in the direction of more fashionable than in the past. Today’s nursing uniform was designed more for functions than form but are considered much more comfortable than those worn throughout the history. In 1985 – 1997 a two year training to become a general nurse was introduced and over the time hospital based training was also introduced and continued until 1980’s. The tertiary sector then took over all the RN education and degree level in 1990’s. The Enrolled Nursing education in WA was located in TAFE colleges, Mt Lawley in 1989. The development of post graduate nursing studies in Australia is still ongoing. As a profession today Nurses role has taking on more technologically challenging roles than at any other point of history. Some nurses are taking over roles that were once reserve for physician. Nurses are becoming more specialized than in days past, there are specialties like OR (operating Room), Medical Surgical Nurse, Pediatric Nurses, Labor and Delivery nurse  and even Psychiatric nurse. Continuing education and clinical experience go along way today to ensure that nurses are on top of their games. Question 7: There are occupational health and safety issues that nurses should take into consideration when carrying out their nursing practice. Please explain what is meant by a) Infection Control – it means following procedures, standard and additional precautions to prevent the risk of infections from spreading. Nurses play a vital role in controlling the risk of potential spread of infection in their workplace and must always remember that patients and the health care providers alike are vulnerable to easily acquire any disease. Nurses must always think and apply the following practises: -hand hygiene -using personal protective equipment -safe handling and disposal of sharps -decontaminating equipment -achieving and maintaining clean clinical environment b) Manual Handling – is a procedure that involves physical movement of our body by way of lifting, pulling, pushing, carrying, holding or restraining of a person or individual. It involves repetitive actions and sometimes use of equipment can be involved. Nurses should follow the standards of manual handling to prevent injury, illness, pain and suffering of individuals in the workplace and to have a safe workplace. Question 8: What are some of the professional development strategies you can use to maintain your skills and knowledge when you are qualified nurse? Performance review appraisal – which can be done by your manager’s review of your performance or you review the performance of your peers. Self-assessment – this will help you find out how you can further improve or develop your skills, attitudes and capabilities. Continuing education – by learning new skills, learning how to use new equipment or simply updating your knowledge and skills will help in gaining more knowledge and skills. Question 9: Please explain the role of the Nursing and Midwifery Board; Australian Health Practitioners Regulation Agency and Industrial Organisations in nursing profession. Nursing and Midwifery Board Australia has a broad function and one of them is registering suitably qualified and competent person as nurses, midwives and students. They are the ones that develop and approve the standards codes and guidelines for nursing and midwifery professions. They also are the ones that assess the knowledge and skills of overseas applicants for registration and determining suitability for registration in Australia. Nurses and midwives must be registered in Nurses and Midwifery Board of Australia and meet the boards registration standards to be able to practice in Australia. AHPRA’S role is to protect the public’s safety. They publishes national registers of practitioner so important information about the registration of individual health practitioner is available. They are the ones that manage the registration and renewal processes for health practitioners and students around Australia. They also provide advice to the Ministerial Council about the administration of the National Registration and accreditation scheme. The development of registration standards, guidelines and codes are maintained and supported by them. The ANF (Australian Nursing Federation) is one of the largest industrial organisations and the national union for nurses in Australia. They help with the progress and development of policy relating to: â€Å"Nursing and midwifery practice, professionalism, regulation, education, training, workforce, and socio- economic welfare, health and aged care, community services, veteran’s affairs, occupational health and safety, industrial relations, social justice, human rights, immigration, foreign affairs and law reform† (ANF, 2011, p. 2). The Autralian Nursing Federation’s function is the industrial and professional representation of nurses through activities of a national office and branches in every state and territories. Question 10: How does the Scope of Practice Decision Making Framework influence your nursing practice. This will help us to determine and understand if we are capable enough to perform a given task. If the nurse have been given a task and is not confident or unsure of how to achieve it, the chart will help guide you as to what step you should take instead. We  must understand carefully each steps to provide the best appropriate care for our patient and to help us achieve a safe proficient nursing care. Question 11: There are three levels of care provided in different health care environments in the Australian health care system. Please explain what those three levels are and where we can expect to find each level of care. Primary Health Care – is the first point of health care and is part of Australian health system used most. Given to people living in their own community outside of hospitals. Its major task is the early detection and prevention of disease and the maintenance of health. Secondary Health Care – looks at the general services provided by a hospital. A hospital stay for a brief but serious illness and mostly concerned with the provision of specific technical, therapeutic or diagnostic health care services. They usually focus on a specific health problem and can provide services by medical specialists e.g. cardiologist. Tertiary Health Care – Highly specialised and technical care provided in hospital to diagnose and treat disease. Individuals who has complex health problems, and require treatment from doctors and nurses with advance level skills. Entry into the health care system at this level is gained by referral from either the primary or secondary level. Question 12: a) What is the philosophy for Primary Health Care? Primary Health Care’s main goal is to give provide better health for people. â€Å"The philosophy behind primary health care is based upon†: (Gallagher, 2014, p. 8) A holistic understanding of health as wellbeing rather than absence of disease (Gallagher, 2014, p. 8) Recognition of the multiple determinants of health including gender, housing, education, transport, planning, communication, social and other services (Gallagher, 2014, p. 8). Community input into health services which will be reflected by involvement of communities and individuals at all levels of planning and provision of services (Gallagher, 2014, p. 8). Equity in health care and prioritisation  of services to the most needy (Gallagher, 2014, p. 8). Accessible, acceptable and affordable services and technology (Gallagher, 2014, p. 8). Eliminating causes of ill health through health promotion and disease prevention (Gallagher, 2014, p. 8). Recognition that primary health care must be based upon social, biomedical and health services research in order to provide effective health care (Gallagher, 2014, p. 8). b) Explain the difference between health promotion and illness prevention Health promotion means encouraging and supporting the person or yourself to improve your health and wellbeing. Illness prevention is the way to promote good health and reduce the risk of illness to individuals and their family members through knowledge, education and healthy lifestyle. c) Describe some of the factors you would consider if you were to design a health promotion campaign. In designing a promotion campaign I would think of the design of the campaign, presentation of it, which audience to present it to, contents of the message and how to advertise it. I would also include these following in promoting my health campaign: – promote the involvement of every individuals in physical activities and sports – provide education towards healthy lifestyle and harmful effects of drug and alcohol – to encourage everyone of eating healthy nutritious food – promote the importance of having 8 hours of sleep Health care promotion can help improve a healthy living and helps a person to build up strengths that will keep up and develop his or her good health and boost their quality of life. d) What is your role as a nurse in the area of health promotion? Nurses are expected to be aware and acknowledge the health issues and factors that affects health condition. Nurses contributes to the promotion of their clients health and social wellbeing by; Promoting health and self-care, participating in providing health promotion interventions, being aware of the key health and social factors to be considered when carrying out an assessment of individual needs, being aware of the contributions of other professionals to assessment and intervention. Question 13: How has the focus of the provision of health care changed over the last 20 years. There had been a lot of changes for the past 20 years in the health care here in Australia. Since 1984, there had been major changes in medicare which provides access to affordable high quality care and it is available to all Australian citizens and permanent residents. Medicare is also seen as â€Å"providing universal access to a set rebate, being well suited ti episodic careof ill-health; and enabling patient choice of health provider† (Department of Health and Ageing, 2009). -In 1999-2000 The EPC (Enhance Primary Care) MBS was introduced to provide quality health care for elderly Australians, patients with chronic conditions and with multi-disciplinary care needs. -â€Å"In 2004 MBS items were introduced for a limited range of services provided by practice nurses when acting for, and on behalf of, a GP† (Australian Government, 2009). -In 2004 bulk billing incentive items were introduced to concession card holders and children aged under 16 -Chronic disease management was introduced in 2005. Changes in general practise funding for indigenous people were also introduced. Aboriginal Community Controlled Health Organisations (ACCHOs) provides an important role to the delivery of primary health care to the Indigenous people. â€Å"In addition, the 2009-10 Budget announced that, from January 2010, a new Rural Primary Health Services Program (RPHS) would be established to consolidate a range of existing programs and introduce greater flexibility into primary health care service provision in rural and remote communities† (Australian Government, 2009). Through the years the government have developed the National Age care programs which includes residential health care and community care services for elderly that funded by the Commonwealth, State and Territory Governments. Community age care support is available through; ‘Home and community care’ which address low care needs, ‘community aged care packages’ available for mid-level care needs, and ‘extended aged care at home’ and ‘dementia specific’ supported with high care needs. In 2002 the Department of Health and Aging was established. The Government put up programs to help multicultural Australians to provide help when accessing the health care and they did it in the form of pamphlets with different languages, telephone interpreter service and culture specific health services. â€Å"Australian government  implemented some innovative solutions to health issues arising out of Australia’s unique history needs† (Cent ral Institute of Technology, 2014, p. 23). Australians â€Å"have access to heavily subsidised medicines, pharmaceuticals and technologies prescribed by medical officers† (Koutoukidis, Stainton & Hughson, 2010, p.67). Pharmaceutical Benefits Scheme (PBS) provides timely, reliable and affordable access to necessary medicines for Australians. The PBS is part of the Australian Government’s broader National Medicines Policy. The rates of hospital utilisation have increased because of the impact of the new technology and hospital organisation in reducing length of stay. Our government has increased their funding to expand the provision of sub-acute services. Our present and our future primary health care system is more accessible, clinically and culturally appropriate now. It’s more focus on preventive care including support of healthy lifestyle more safe, high quality care which is continually improving through relevant researched innovation and rise of health care promotion.

Anatomy Essay

Anatomy Essay Students whose major lies in biology, physiology etc in some cases need to write an anatomy paper. It could be an anatomy essay, an anatomy research paper, an anatomy term paper or even an anatomy dissertation. There are various fields where you can write an anatomy paper. Anatomy – is a study of the humans body. And in order to write a good anatomy paper – you have to have some knowledge on this subject. Professors always value experts, so with your academic paper – you have to show your professor that you are proficient in a specific field in anatomy. You have to start with a little research on an anatomy topic. The topic can vary from the human body in general, to a specific part of th human’s body. It really does not matter, as your professor can acknowledge any anatomy topic of your anatomy essay, anatomy research paper, anatomy dissertation. Your anatomy paper has to synthesize the knowledge which you have gained from various sources, so do not expect to bring some novelty to your anatomy paper. All sources that you use in your paper have to be properly cited and referenced.   The last thing you want to do in your anatomy paper is plagiarize. Plagiarism is simply a collection of incited and unreferenced sources, which you show to be your own. The format of the anatomy paper is also very important, as you have to strictly follow the guidelines provided by your professor. If you need to get some information on the format of your anatomy paper – feel free to roam around the internet. You surely will gain some idea on the format which needs to be used. The summarization or conclusion part of your anatomy paper is the part, where you make conclusions of the things you have written in your main part of your anatomy paper. Make sure you do not contradict yourself in any part of the paper. CustomWritings.com is your trustworthy assistant in any paper. If you have a need of a custom written quality paper on anatomy – feel free to enquire at CustomWritings.com and we will be more than glad to assist you in writing Biology essays.

sugar cane Essays

sugar cane Essays sugar cane Essay sugar cane Essay Essay Topic: Cane Money laundering and illegal banking: Destiny Multipurpose Cooperative Society Limited [DMCSL] proclaims to be a financial institution and registered on April 23, 2005 as a financial institution to provide new financial assistances of total tk. 100. 00 crore every year from 2011 to the Distributors of Destiny-2000 Ltd. to expand direct selling business and attain respectable earning capabilities. It was categorically mentioned by sources in the Ministry of Finance and Bangladesh Bank that, no such license to operate as financial institution or bank was ever issued in favor of Destiny Multipurpose Cooperative Society Limited on April 23, 2005 or even till November 21, 2011. It is easily understood that, Destiny Multipurpose Cooperative Society Limited is illegally continuing to operate as a financial institution, while the matter has never been investigated either by the Ministry of Finance, Bangladesh Bank or the Anti Corruption Commission in Bangladesh. It is learnt from number of sources that, Destiny 2000 Limited maintains cadre of their own lobbyists within the Ministry of Finance and Bangladesh Bank and a number of Assistant Secretaries and Deputy Secretaries in the Ministry of Finance as well as some Deputy Governors and General Managers at Bangladesh Bank are under monthly payroll of this MLM fraud racket. It is also learnt from various sources that, the Secretary of the Ministry of Finance as well as the Governor of Bangladesh Bank are mostly put into dark on such illegal activities of Destiny 2000 Limited and its illegal financial institution of bank named Destiny Multipurpose Cooperative Society Limited, as a number of personal staffs of the Secretary of Ministry of Finance as well as the Governor of Bangladesh Bank are under permanent payroll of Muhammed Rafiqul Amin and his gang. Cheating people with fake tree plantation project: Destiny Tree Plantation Limited is one of the most fraudulent enterprises of the dubious MLM Company Destiny 2000 Limited. Former chief of Bangladesh Army Lt. Gen. M. Harun-Ar Rashid is the chairman of this fraudulent Destiny Tree Plantation Limited, which claims to be engaged in the plantation of trees on commercial basis all over the country. Till date the company has planted over 94 Lac [9. 4 million] trees on 6293 acres. The target is to raise the plantation number to 6 crore [60 million] by 2012. It is learnt that Destiny Tree Plantation Limited offered alluring packages to ts members and the people, where the company claims to possess 60,000 acres of land in Bangladesh. Meanwhile, Destiny Tree Plantation Limited has already collected more than Tk. 65 thousand crore from the people by selling packages of the Destiny Tree Plantation Limited, though Destiny 2000 Limited or Destiny Tree Plantation Limited do not possess even a frac tion of the claimed land in the country. According to a number of sources inside Destiny 2000 Limited and Destiny Tree Plantation Limited, the company has already sold more than 120 million tree packages to the people, by giving false and fabricated information. In some cases,fake pictures of tree plantation were taken from Chittagong Hill Tract and Sundarban mangrove forest areas, to befool the prospective buyers of the Tree Package. Muhammed Rafiqul Amin knows that the Tree Package is a total fraud and he is continuing this trap to collect millions and billions ot a T ka trom the innocent people. General Harun [the ex chief of army] will be ultimately made a scapegoat in this huge financial scam, when the Destiny 2000 Limited and Destiny Tree Plantation Limited will bust by end 2012, said a Destiny source. Muhammed Rafiqul Amin is using General Harun, by taking ull advantage of huge greed of this ex army chief. But, by the end of 2012, when Muhammed Rafiqul Amin and most of the directors of Destiny 2000 Limited and other enterprises of the MLM fraud racket will flee Bangladesh, General Harun will be the man in real trouble, the source added. It is believed by many that by continuing as one of the policymakers of the extremely fraudulent MLM racket, General Harun is not only putting his own integrity into serious doubts, he also is greatly tarnishing the excellent image of Bangladesh Armed Forces, as a large segment of the people are utting their money on projects of Destiny 2000 Limited seeing General M. Harun-Ar Rashid at the top most position in Destiny Tree Plantation Limited, as well as a few retired army officers in various positions in the fraudulent MLM Company. It may be mentioned here that, Destiny 2000 Limiteds mastermind Muhammed Rafiqul Amin is a Canadian citizen, while a large number of directors of the board of the fraudulent MLM Company have already obtained immigration status in various countries such as Malaysia, United Arab Emirates and Australia. Illegal insurance company: Destiny Life Insurance Company Limited is shown as one of the sister concerns of Destiny 2000 Limited at their website. It is learnt that, shares of this company have already been sold amongst the members of Destiny 2000 Limited and Muhammed Rafiqul Amin and his gangs have cashed at least TK. 300 crore from selling of the shares of this life insurance company. On investigation it was revealed that, Destiny Life Insurance Company Limited does not have any license issued by the Bangladesh government for operating as an insurance company, while this MLM Company is allowed to publicly publicize this illegal company.

Alien Registration Records

Alien Registration Records Alien registration records are an excellent source of family history information on U.S. immigrants who were not naturalized citizens. Record Type: Immigration/Citizenship Location: United States Time Period: 1917-1918 and 1940-1944 What are Alien Registration Records?: Aliens (non-citizen residents) living in the United States were asked during two different historical periods to register with the U.S. Government. World War I Alien Registration RecordsFollowing the beginning of United States involvement in World War I, all resident aliens who had not been naturalized, were required, as a security measure, to register with the U.S. Marshal nearest their place of residence. A failure to register risked interment or possible deportation. This registration occurred between November 1917 and April 1918. WWII Alien Registration Records, 1940-1944The Alien Registration Act of 1940 (also known as the Smith Act) required the fingerprinting and registration of any alien age 14 and older living within or entering the United States. These records were completed from August 1, 1940 to March 31, 1944 and document over 5 million non-citizen residents of the United States during this period. What Can I Learn From Alien Registration Records?: 1917-1918: The following information was generally collected: Full name (including maiden name for females)Current residence and length of residencePlace of birthSpouse’s name and residenceChildren’s names, sex, and years of birthParents’ names (including maiden name for mother), birthdates, and birthplacesNames, dates of birth, and current residence of siblingsWhether any male relatives serving in the military for/against USWhether registered for selective draftPrevious military or government serviceDate of immigration, name of vessel and port of arrivalWhether naturalized in another country Whether reported/registered with a consul since 1 June 1914Whether applied for naturalization or took out first papers; if yes, when and whereWhether ever taken an oath of allegiance other than to the United StatesWhether ever arrested or detained on any chargeWhether held a permit to enter a forbidden areaSignaturePhotographDescription of registrantFull set of fingerprints 1940-1944: The two-page Alien Registration Form (AR-2) asked for the following information: NameName at time of entry to the USOther names usedAddressDate and place of birthCitizenship/NationalityGenderMarital statusRace Height WeightHair Eye ColorDate, port, vessel and class of admission of last arrival in USDate of first arrival in USNumber of years in the USUsual occupationPresent occupationName, address and business of present employerMembership in clubs, organizations or societiesDates and nature of military or naval serviceWhether citizenship papers were filed and if so the date, place, and courtNumber of relatives living in the USArrest record, including date, place and dispositionWhether or not affiliated with a foreign governmentSignatureFingerprintNot all registrants provided all information. Where Can I Get Alien Registration Records?: WWI Alien Registration files are scattered, and the majority are no longer extant. Existing files can often be found in state archives and similar repositories. Existing WWI alien registration records for Kansas; Phoenix, Arizona (partial); and St. Paul, Minnesota can be searched online. Other alien registration records are available in offline repositories, such as the 1918 Minnesota Alien Registration records at the Iron Range Research Center in Chisholm, MN. Check with your local or state genealogial society to learn what WWI alien registration records might be available for your area of interest. WWII Alien Registration (AR-2) files are available on microfilm from U.S. Citizenship and Immigration Services (USCIS) and can be obtained through a Genealogy Immigration Records Request. Unless you have the actual alien registration number from an alien registration card in your familys possession, or from a passenger list or naturalization document, you will want to begin by requesting a Genealogy Index Search. Important: Alien Registration Forms AR-2 are only available for A-numbers 1 million to 5 980 116, A6 100 000 to 6 132 126, A7 000 000 to 7 043 999, and A7 500 000 to 7 759 142. If the subject of your request was born less than 100 years before the date of your request, you are generally required to provide documentary proof of death with your request. This might include a death certificate, a printed obituary, a photograph of the tombstone, or other document demonstrating that the subject of your request is deceased. Please submit copies of these documents, not originals, as they will not be returned. Cost: Alien registration records (AR-2 forms) requested from USCIS cost $20.00, including shipping and photocopies. A genealogy index search is an additional $20.00. Please check the USCIS Genealogy Program for the most current pricing information. What to Expect: No two Alien Registration Records are alike, nor are specific answers or documents guaranteed to be in each case file. Not all aliens answered every question. Turn-around time to receive these records averages about three to five months, so prepare to be patient.

Gregor Mendel's ACTUAL Paper ( NOT Others opinions of it) Essay

Gregor Mendel's ACTUAL Paper ( NOT Others opinions of it) - Essay Example Furthermore, the essay also considers the criticisms levied against Mendel’s experiments by noted geneticist R.A. Fisher, and also examines criticism relating to the paper’s rhetorical structure. The opening sections of Mendel’s paper examines past scientific formulations, with Mendel noting that while detailed experiments had been undertaken, nothing in-depth to the extent that it would allow the development of a predictive genetic structure over multiple generations. The first section in which Mendel details the tenants of his experiment is titled ‘Selection of the Experimental Plants.’ In this section Mendel indicates the specific elements he used in selecting plants for his experiment and why these plants are necessary to achieve sound results. Mendel indicates that the characteristics in the plants must be objectively determined (long vs. short stems), as well as observed in every generation (for instance color), and finally they must be able to be bred in a controlled environment. Finally, Mendel indicates that he has chosen a pea plant named a Pisum, as it fits these distinctions. In the next section Mendel details the purpose of his experiment. He states that he intends to investigate the variety in traits that are passed down over the series of generations from the breeding of plants. He distinguishes seven specific traits that he will be observing, chosen for the reasons articulated above. Mendel indicates that past experiments have determined that when two plants with differing traits are bred they exhibit traits from only one plant, not a combination or blending of the two. Mendel refers to the trait that appears in the newly bred hybrid plant as the dominant trait, whereas the trait that isn’t physically detectable the recessive trait. The first experiment section is titled ‘First Generation From the Hybrids’. This section

A Critical Assessment of Martin Wights Why Is There No International Essay

A Critical Assessment of Martin Wights Why Is There No International Theory - Essay Example Wight claims that this paucity is compounded by â€Å"intellectual and moral poverty†¦[due to] the intellectual prejudice imposed by the sovereign State, and the belief in progress† (1960/2000, p. 30). He argues that there is no body of knowledge in international theory, understood as â€Å"speculation about the society of states, or the family of nations, or the international community† (Wight, 2000, 28), to match the successes of political theory, understood as â€Å"speculation about the state† (Wight, 2000, p. 27). The â€Å"theory of the good life† (Wight, 2000, p. 39), political theory’s central concern, was deemed incompatible with the study of international relations (IR), since the latter is understood to be primarily engaged with survival. In this essay, we shall evaluate Wight’s criticism of international theory and shall attempt to show his damaging claim failed to take into account the changes in the international which were already evident at the time. For conceptual clarity, we henceforth use international theory and IR theory interchangeably. The sources of international theory which Wight identifies form an eclectic mix of international law (Grotius and Prufendorf), writings of â€Å"irenists† such as Erasmus and Sully, Machiavellian elements, the â€Å"parerga† of political theorists, philosophers and historians (Hume, Rousseau, and Burke), and the speeches, despatches and other documents of statesmen of old, like Gentz and Bismarck (Wight, 2000, pp. 28-30). To reiterate the paucity of IR theory, he maintains that most of these works remain penetrable only by the scholar, making the international somewhat of an ivory tower.

How does sociology and psychology influence drug abuse in our society Research Paper

How does sociology and psychology influence drug abuse in our society - Research Paper Example The competition and struggle for existence and better living standards are growing day by day in the current societies which actually increase the stress levels of the common public. The current public is tied up with so many commitments both at their family, society and workplaces. It is difficult for them to avoid any of such commitments and hence the struggle for fulfilling such commitments is giving sleepless nights and restless efforts both day and night. Under such tremendous pressure, it is difficult for a lay man to stay calm or relaxed even if he gets some leisure time. Such people often use either alcohol or drugs in order to forget about their worries and to stay away from their commitments at least for a while. Thus social and psychological factors are equally prominent in drug abuse cases. â€Å"Societies define not only the meaning of drugs but also the meaning of the drug experience; these definitions differ radically among different societies and among subgroups and subcultures within the same society. Social groups and cultures define what kind of drug taking is appropriate. They define which drugs are acceptable and which are not. They define who takes drugs and why. They decide what amounts of each drug are socially acceptable. They spell out which social situations are approved for drug use and which are not. They define what drugs do, what their actions and effects on people will be† (Knopf, 1972). Drugs are normally used to cure diseases. Some drugs have the ability to change the moods of a person. Such drugs are utilized for treating mental patients in order to change their moods or bring back their mental equilibrium. Society has no objection in utilizing such drugs for treating mental patients. On the other hand normal persons who use same drug for getting some pleasant mood are misusing it as per the sociological perspective. Thus the same drug used on different occasions is

System analysis Article Example | Topics and Well Written Essays - 500 words - 1

System analysis - Article Example From the decisions, this article demonstrates the response of an organization to feedback generated from the information. The article uses a hierarchical structure in illustration of information flow, with an inclusion of information status changes at different levels. The second aspect of the structure is a topic-by-topic discussion, with illustrative diagrams, showing all steps of information development. These elements are relevant for the development of a system analyst. The rationale of this resource is that it can develop me into a competent system analyst and designer. This is because it incorporates aspects of organizational behavior into the processes of system analysis and design. It generates and reflects relevant decision information applicable in the change management systems and processes in organizations (French, 2011). The choice of this resource considered a holistic approach of organization behavior in line with the components of system analyst’s roles and scope of actions. The strengths of this resource are threefold. As a system analyst, I can develop competence by applicability it to many organizations, involving it in a practical procedures and use its published information as authoritative reference. The resource has practical demonstration of the processes, which a system analyst can use in relation to the Mary’s Seven Steps. The seven steps are easy for a system analyst to follow since the sequence is clear from one practical step to the next. As a System Analyst, the resource is reliable as a form publication of John Wiley and Sons Publishers in New York City. This makes it a more credible and dependable resource than unpublished materials. While using this article, one of the challenges likely for a system analyst and designer is that it does not have the latest information. It lacks timely information, hence it inspires the system analyst to seek the most relevant information with publication year being not later

GPS Systems in police patrol Essay Example | Topics and Well Written Essays - 250 words

GPS Systems in police patrol - Essay Example In addition, there is advantage of the GPS in terms of response time or arriving at a disclosed vicinity immediately, especially in emergency situations. For instance, a patrol vehicle that is located in a particular street in New York would be able to respond as soon as possible when an emergency call to address burglary or criminal activities in that street is reported. Through the GPS the police officers would immediately locate and respond, as required. 2) Explain the value of Automated Vehicle Locators (AVL) in police patrol vehicles from the point of view of a police dispatcher or supervisor. AVLs in police patrol vehicles are defined as â€Å"a device that makes use of the Global Positioning System (GPS) to enable a business or agency to remotely track the location of its vehicle fleet by using the Internet. These devices combine GPS technology, cellular communications, street-level mapping, and an intuitive user interface, with the ostensible goal of improving fleet management and customer service† (Tech Target par. 1). Therefore, from the point of view of a police dispatcher or a supervisor, AVLs provide them with the ability to immediately locate the whereabouts of these police patrol vehicles at all times and assist them in the following examples: monitoring purposes to determine if the patrol vehicles are in areas where they are supposed to be; and in changing their routes or for re-routing purposes, as immediately

Advertising strategies Essay Example | Topics and Well Written Essays - 250 words

Advertising strategies - Essay Example They may access the internet but locating Ads with ease and efficiency may be a difficult task. The development of print advertisement should be done with large prints in consideration that the elderly have poor vision or sight impairments. Sponsorship and partnership with relevant organizations are also required. For instance, funding activities in nursing homes and partnering with the institutions provide a significant marketing opportunity. The language or message used in the advertisement should have nostalgic features (Enis & Roering, 2012). The most effective type of exploratory research that should be used is depth interviews. In this approach, the questionnaire is developed in an open-ended way to increase the feedback depth of respondents (Shields & Rangarjan, 2013). In addition, the questionnaires objectives’ is not to develop a statistical result but rather a responsive feedback on the required marketing needs. The project would be more effective with the use of qualitative research. This is based on that; the bookstore is a new venture and acquiring the market perception and references would be more important that acquiring statistical data. The first step would be to locate a target market or relevant person likely to consume the provided services and products. Then development of open-ended would be done. The development of the questions should be based on the desires of the market and how the desires are relayed to the consumer (Shields & Rangarjan, 2013). The questionnaire would then be used in a depth interview

GPS Systems in police patrol Essay Example | Topics and Well Written Essays - 250 words

GPS Systems in police patrol - Essay Example In addition, there is advantage of the GPS in terms of response time or arriving at a disclosed vicinity immediately, especially in emergency situations. For instance, a patrol vehicle that is located in a particular street in New York would be able to respond as soon as possible when an emergency call to address burglary or criminal activities in that street is reported. Through the GPS the police officers would immediately locate and respond, as required. 2) Explain the value of Automated Vehicle Locators (AVL) in police patrol vehicles from the point of view of a police dispatcher or supervisor. AVLs in police patrol vehicles are defined as â€Å"a device that makes use of the Global Positioning System (GPS) to enable a business or agency to remotely track the location of its vehicle fleet by using the Internet. These devices combine GPS technology, cellular communications, street-level mapping, and an intuitive user interface, with the ostensible goal of improving fleet management and customer service† (Tech Target par. 1). Therefore, from the point of view of a police dispatcher or a supervisor, AVLs provide them with the ability to immediately locate the whereabouts of these police patrol vehicles at all times and assist them in the following examples: monitoring purposes to determine if the patrol vehicles are in areas where they are supposed to be; and in changing their routes or for re-routing purposes, as immediately

Difference between the mission and vision statement.strategic Essay

Difference between the mission and vision statement.strategic management - Essay Example The main difference between the mission and vision statement is that the mission statement provides a guidelines of what the company seeks to achieve in the present as an organization while the vision statement illustrates the goals of the firm for the future. A company I once work for had the most deceptive and fraudulent mission statement I had ever seen. The company claimed that one of its values was taking care of the employees in order to improve their quality of life and of their families. The reason that the company lied in this statement was because this company was very abusive towards its employees. The firm would steal hours from the workers payroll by paying them fewer hours than they worked, they would pay the workers two to three weeks late every pay cycle, and the firm did not honor a bonus system that offered to the employees when they started to work for the firm. The actions of the managers, administrative team, and owners of the company were opposite of what the mi ssion statement claimed. DQ2 I went to the corporate website of the global coffeehouse company Starbucks Cafe. The company has a corporate responsibility program in place that affected various aspects of their operations. One of the most intriguing aspects of the firm’s CSR plan was the sourcing of materials initiatives. The company in order to help our poor communities across the world only purchases fair trade coffee. Fair trade coffee is a system that guarantees poor farmers across the world a minimum price for coffee of $1.26 per pound which is twice the going rate for wholesale coffee across the world. Another aspect of the firm social responsibility commitment which I liked was their emphasis on hiring a diverse workforce. The firm also had good initiatives in place to protect the environment such as a recycling program. One aspect of their social responsibility initiatives that I did not like was the fact that the company does not have a mechanism in place to collect m oney for philanthropy causes. Considering the high profit margins the company enjoys the firm could easily donate 1% of their revenues or more to help fight hunger in places such as Africa, India, and South America. DQ3 The four major components of the strategic management process are environmental scanning, strategy formation, strategy implementation, and strategy evaluation. Environmental scanning is important because it allows the manager the opportunity to collect sufficient information in order to determine the relation between the company, the market, and its potential alternative solutions. I believe that the second step (strategy formation) is the most important step or component in the strategic management process. If a manager chooses the wrong strategy the subsequent steps won’t matter because the failure of the strategic initiative is inevitable. Take for example a company that decides after two years in business that the best strategic formation is too expand the company. The firm invests all the money it has on expanding without proper environmental scanning and without analyzing the financial consequences of the decision. Due to the bad plan the company realizes that now they are producing more goods than what the market seeks. Suddenly a firm that was doing well goes into financial troubles due to a bad strategic formation. 4. I agree with you that the mission statements of companies have a more detail description than the vision statement of a company. Based on the research that I made on the subject the reason that this occurs is because of the timeline perspective. The mission statement attempts to provide the people who read it an overview of the business as it is in the short term. People want to know what the company is all about and is seeking to do and realize. The visions statement is different because the vision statement provides an overview of what the company is seeking to achieve in the future. 5. I agree with a lot of the points you mentioned in your response. I believe that a people’

Hypocritical Holden Essay Example for Free

Hypocritical Holden Essay Hypocrisy is found in all of us. Many of us have things about ourselves that we don’t want to share with others, and try to hide; perhaps we are trying to hide our hypocrisy. In The Catcher in the Rye, J. D. Salinger expresses through Holden Caulfield that hypocrisy results from not being able to connect with others. Although Holden accuses others of being phony, in reality, Holden is a phony himself and as a result of his hypocrisy, he is unable to connect with others, suggesting that to connect with others one must be able to accept other people’s flaws. Holden defines others as phonies because he is critical and has a negative utlook on the world and the people in it. When Holden makes observations of other people he often defines them as phony. For example, when Holden goes to the movies he observes a lady sitting next to him who is crying during the movie, â€Å"The part that got me was, there was a lady sitting next to me that cried all through the goddam picture. The phonier it got, the more she cried†¦ she had this little kid with her that was bored as hell and had to go to the bathroom but she wouldn’t take him†¦ You take somebody that cries their goddam eyes out over phony stuff in the movies, and nine times out of ten they’re mean bastards at heart.  I’m not kidding† (181). Holden thinks that the woman crying is a phony because she is emotional about a movie which is fake, yet she does not feel bad for the kid who is sitting next to her in real life, who has to go to the bathroom. A woman crying at a movie is what Holden observes and defines as phony behavior. Holden’s negative outlook on the world and the people in it just pushes Holden farther and farther away from people. He is isolating himself. In addition, Holden thinks some words or phrases are phony. When Holden is talking on the phone with a girl he knows, Sally, who says something that Holden thinks is phony. â€Å"I’d love to. Grand. † Grand. If there’s one word I hate, it’s grand. It’s so phony†(106). Holden thinks that the word grand is phony, which may be true to Holden; although the more energy he spends on pointing out â€Å"phonies† the more isolated and unhappy he becomes. Holden is a hypocrite because he is sometimes aware that he is being a phony himself. Holden thinks that he needs to hide his true self from people in order to â€Å"survive†. When Holden is out at Ernie’s and meets up with a girl he knows, Lillian, Holden says something to the Navy guy who was with Lillian that Holden considers phony. Holden addresses the reader, â€Å"I’m always saying â€Å"Glad to’ve met you† to somebody I’m not at all glad I met. If you want to stay alive, you have to say that stuff, though† (87). Holden lies to the navy guy, and also says that he lies to other people when saying this phrase. Although Holden is acting phony, and therefore hypocritical, he is aware of it. He acts phony because he is afraid that sharing his true self with others will interfere with him connecting with others; Holden thinks that he will turn people away because he is different. Holden is different because he is critical, and also eeply caring and emotional. Holden is trying to act like a regular guy so people will like him and be willing to talk with him. Holden is striving to make a connection with someone; anyone. He is just looking for anyone to talk to and make a connection with, but he is afraid to open up to them. Holden tries to fit in with others by being phony when in reality, he hates how most people act. Holden tries not to show his hatred of phonies because then, people would soon realize that Holden is a phony himself. At Ernie’s when Holden meets up with the navy guy, introduced to him by Lillian, Holden hares his true thoughts about the navy guy’s actions with the reader. Holden says, â€Å"He was one of those guys that think they’re being a pansy if they don’t break around forty of your fingers when they shake hands with you. God, I hate that stuff† (86-87). Holden doesn’t like the expectations put on men to act tough; this makes Holden feel insecure. Holden feels that he must hide that he is caring and emotional by being phony. In addition, Holden is sometimes unaware that he is being phony. For example, when he asks his taxi driver Horwitz a question, Holden is unaware that he is being phony. â€Å"Hey, Horwitz,† I said. â€Å"You ever pass by the lagoon in central park? Down by central park south? †Ã¢â‚¬ ¦ â€Å"Well, you know the ducks that swim around in it? In the springtime and all? Do you happen to know where they go in the wintertime, by any chance (81)? †Ã¢â‚¬â„¢ Holden asks Horwitz where the ducks go in the winter time because he is unknowingly comparing his situation to the ducks in the lagoon; Holden wants to know where he goes now that it is â€Å"winter time† and his lagoon, Pencey prep, has frozen. Throughout the book, Holden struggles to find a place where he belongs. He also strives to connect with people. Holden is reluctant to share his true self with people. Asking Horwitz where the ducks go is one of Holden’s â€Å"phony† attempts at making a connection with someone. When Holden acts phony, he shields his true self from people which keeps him from connecting with others. Holden dislikes phonies, and he often criticizes people for being phony, although Holden acts phony himself because he is insecure about himself, which leads to Holden acting phony. J. D. Salinger expresses through Holden that when trying to connect with others, one must act like themselves. Hypocrisy is often inevitable; all of us exhibit hypocrisy.

American History X Essay -- essays research papers fc

American History X   Ã‚  Ã‚  Ã‚  Ã‚  Will racism ever come to an end or will its path go on infinitely? For the most part, the majority of people respect those who are different either in color, race, and/or heritage; however, there are those few that hold bigoted views towards people who are different than they are. The movie American History X by Tony Kaye displays an example of people who hold bigoted views. Derek, a Neo-Nazi leader, must contend with his actions relating to his past racist views and actions. This powerful movie explores its characters thoroughly and gives reasons why people become so callous and turn towards a racist group. It also exposes insight to problems that plague America when it comes to racism in everyday life, from schoolyards to basketball courts. All together American History X presents its watchers with an impressive theme that makes everyone who watches it take a step back and just say, â€Å"WOW!†   Ã‚  Ã‚  Ã‚  Ã‚  The main characters are two brothers, Derek and Danny, and the way they became involved with the Neo-Nazist’s ideas are different, yet the same. Derek the older of the two by five years, is first influenced by his late father. One night at the dinner table they discussed what he was reading in English and Derek told him Native Son. The dad had never heard of it and so Derek explained that it was black history month and so they were reading a book by a black author. His father did not like that very much and angrily talked that with affirmative action, and other such things, blacks were taking away from what was already established by whites. When a black drug dealer shot his dad when he 601 2 was fighting a fire on duty as a firefighter, Derek blamed â€Å"blacks, brown, yellows, its all their fault† and that lead him down a dark path. Disgruntled and confused, Derek became a leading member in a Neo-Nazi group, which he called the D.O.C. Danny, his young brother, watched, listened, and breathed every word Derek spoke. He too bought into the world of hatred. During the time Derek spent in jail for killing three black burglars, Danny tried to do everything possible so his brother would respect him when he got out. But the time in jail transformed Derek. He rethought his whole life when his former black principal visited him in jail to ask, â€Å"Has anything you’ve done made your life better?† (Kaye). ... ... others more easily (McDougal). Hate itself takes up a lot of energy. All that wasted energy could be channeled into other areas that are more rewarding such as helping others.   Ã‚  Ã‚  Ã‚  Ã‚   For an explanation unknown to anyone, some people are inclined to hating others. Motives may perhaps be because they are insecure of who they are, feel threaten by someone, or an explanation which no one has. The movie explains a major reason why people hate is because they want to blame someone else for their misfortunes. It is always nice to put the responsibility on somebody else’s shoulders. Hopefully in a near future people can begin to comprehend how foolish it is to hate all the time, and then start to love. Works Cited:   Ã‚  Ã‚  Ã‚  Ã‚  . Impersonal Interview. 4 March 2000. Hron, John. â€Å"What does our future hold?† 10 March 2000. Available http://users.powernet.co.uk/orion/nazicnt.htm . Movie discussion. 10 March 2000.   Ã‚  Ã‚  Ã‚  Ã‚  . Movie discussion. 10 March 2000. Suall, Irwin. Skinhead International : A Worldwide Survey of Neo-Nazi Skinheads. Berlin. Anti-Defamation League of Bnai. April 1995 . Impersonal Interview. 4 March 2000.

Euthanasia in Oregon Essay -- Argumentative Persuasive Argument Essays

Euthanasia in Oregon Oregon is currently the only state that gives the terminally ill the right to decide how and when they want to die. This is known as â€Å"Oregon’s Death with Dignity Act† which lets ill, competent patients, who have less than six months to live, choose their preferred lethal dose of medication after they confer with two doctors. Since this right is present in only one state, it causes controversy. David Sarasohn in â€Å"No Last Rights† discusses Attorney General John Ashcroft’s challenge to the 1997 Supreme Court decision, which gave doctors in Oregon the right to prescribe federally controlled substances intended to euthanize. Ken MacQueen in â€Å"Choosing Suicide† reflects on various cases of euthanasia, differences in lawmaking on euthanasia between Canada and Oregon, and illegal acts of euthanasia. Sarasohn begins his article by acknowledging how Ashcroft valiantly takes the task of confronting the voters of Oregon to contemplate euthasasia during a week when anthrax and 9/11 were pressing issues for Ashcroft. In the article, Ashcroft states how using federally controlled substances, for the purposes of assisting suicide, violates the Controlled Substances Act (Sarasohn 8). The author states broadly how Ashcroft throws out the Oregon euthanasia law, not specifying the effect his challenge had on the law. It is important to note that Ashcroft’s reversal of the 1997 Supreme Court ruling does not prohibit medically assisted suicide in Oregon. However, it does forbid the usage of federally controlled drugs to kill a patient. The conclusion of the article talks about the Bush administration commending the decision and how Ashcroft sent out a DEA administrator to implement the new ... ... of his explanations are unclear and vague, making the reader want to do additional research on the subject. Sarasohn’s article is extremely concise and it relies on many, elaborate quotes without much evidence provided by him. This drastically affects his credibility. On the other hand, Ken MacQueen’s â€Å"Choosing Suicide† presents the reader with a much more upbeat and detailed outlook on Oregon’s law. He sums up Ashcroft’s effect on the law in a few sentences while focusing on other important aspects of the concern. In the end, these articles entice the reader into wondering if Oregon state law on euthanasia serves as a model to the rest of the nation or as a poison to medicine. Works Cited MacQueen, Ken. â€Å"Choosing Suicide† Maclean’s v. 115 no31 (August 5 2002) p. 40-1    Sarasohn, David. â€Å"No Last Rights† The Nation v.273 no19 (December 10 2001) p. 8

Alexander Pope’s “The Rape of the Lock” and John Milton’s Paradise Lost Essay

The main female characters in Alexander Pope’s â€Å"The Rape of the Lock† and John Milton’s Paradise Lost are seen at first as extensions of the male characters, at the mercy of supernatural forces. Does their rebellion show that they begin to break the chains of male dominion? A view of the actions of Eve and Belinda can be seen as rebellion against their controllers.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Eve, the main female character of John Milton’s Paradise Lost, comes to the forefront in Book IX, after she has taken her first independent action, that of eating the apple. To understand the actions of Eve, it is important to understand Milton’s view of the interactions between God, Adam and Eve.   Roberta Martin states In Paradise Eve, the â€Å"mother of mankind†, is the figure of a contained, â€Å"other† creative energy that is carefully derivative: she herself was â€Å"derived† from Adam’s rib, and she is under Adam’s domination in the hierarchy of the Father’s â€Å"perfect† Symbolic†¦ Eve is subordinate to Adam because she is â€Å"lacking†. The Father intends her to be a deliberately limited and controlled Other. (61) On Eve’s first awakening in the garden, the difference between Adam and herself is made clear. While he wonders who he is, and is aware of himself as a differentiated entity, Eve wonders where and what she is, and is not aware of any difference between herself and her surroundings – as one with no conception of the separateness of her being, she begins life as an Object, rather than as a Person (Martin, 70). From this perspective, it is clear that Eve is at first fully controlled by the desires of Adam and of God, her joint Creators. It is not until, daring to become a Person,   she expresses her own desires; then, further defying her masters, she chooses to eat the fruit of the Tree of Knowledge. She begins, tentatively, to have opinions of her own and thoughts as to how the Garden should work – she starts innocently, with a suggestion as to how the work should be done.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Let us divide our labors, thou where choice   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Leads thee, or where most needs, whether to wind   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   †¦   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   With Myrtle, find what to redress till Noon:   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Our task we choose, what wonder if so near,   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Looks intervene and smiles, or object new   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Casual Discourse draws on, which intermits   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Our day’s work brought to so little, though begun   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Early, and th’hour of Supper comes unearn’d. (Milton, 209). Adam objects sharply to this suggestion, leaving no doubt that Eve has gone against his wishes for, perhaps, the first time. â€Å"for nothing lovelier can be found In Woman/than to study household good,/and good works in her Husband to promote (Milton, 209).† And yet, he concedes sadly, â€Å"But if much converse perhaps/Thee satiate, to short absence I could yield. /For solitude sometimes is best society/And short retirement urges sweet return (Milton, 209).† Eve has won her first, small battle – that for time on her own, without the companionship of Adam, whom she was conceived as Companion for.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Adam is not yet done attempting to assert his will, and God’s will, over Eve.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   But God left free the Will, for what obeys Reason  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   , is free and Reason he made right, But bid her well beware and still erect, Lest by some fair appearing good surpris’d, She dictate false, and misinform the Will To do what God expressly hath forbid. (Milton, 212) Eve is, here, to be allowed some freedom of her will, but only if it is within the rules already outlined for her. Temptation follows in the form of the Serpent and she defies the wishes of Adam and of God, and eats the Fruit she has been forbidden. This is her greatest act of rebellion, and the point at which she throws off the chains of her Creation. She gains the knowledge that had been forbidden her; she conceives of a desire, that of being an equal. She ponders â€Å"In Female Sex, the more to draw his Love,/ and render me more equal, and perhaps,/ a thing not undesirable, sometime/Superior, for inferior who is free? (Milton, 225)† Suddenly aware of the possibility of her own death, she resolves to share the knowledge she has gained with Adam, for â€Å"So dear I love him, that with him all deaths/I could endure, without him live no life. (Milton 225)† So choosing the path of love over the path of knowledge, she feeds the fruit to Adam, and brings the wrath of the Creator down upon their heads. Milton is not content to let Eve’s transgression, that of throwing off the patriarchal rule and allowing her own will to become paramount, pass lightly. For he closes, â€Å"Thus it shall befall/Him who to worth in Woman overtrusting/Lets her Will rule. (Milton 234).†   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   If Eve is a creation of Adam and God, Belinda is a creation of Man’s conception of Woman, and the object of a struggle between Man and the supernatural. Rising only late in the morning, she spends hours at her toilet, grooming obsessively in order to meet her admirers. Pope inquires:   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Say what strange motive, goddess! Could compel   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   A well-bred lord t’assault a gentle belle?   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   O say what stranger cause, yet unexplored,   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Could make a gentle belle reject a lord? (Pope, 28) Belinda is the beloved of the sylphs, for her purity and beauty are made in their image. One whispers to her as she lies sleeping â€Å"Know farther yet; whoever fair and chaste/Rejects mankind, is by some sylph embraced:/For spirits, freed from mortal laws, with ease/Assume what sexes and what shapes they please (Pope, 29).† When she ventures out, all fall to her charms, including the Baron; â€Å"Belinda smiled, and all the world was gay (Pope, 32)†. All, that is, except the Sylph, who sees in the Baron a rival for Belinda’s affections. The Baron conceives of a plan – to wrest a lock from Belinda’s unsuspecting head, thus despoiling her. Despite the guardianship of the Sylphs, he succeeds: â€Å"He takes the gift with reverence and extends/the little engine on his finger ends; /This just behind Belinda’s neck he spread, /As o’er the fragrant steams she bends her head (Pope, 38).† The sylphs are enraged – â€Å"Not Cynthia, when her manteau’s pinned awry/E’er felt such rage, resentment and despair,/ As thou, sad virgin! for thy ravished hair. (Pope, 39).† The spirits desert Belinda, and she is left at the mercy of new knowledge of love; bereft of her beauty with the lock of hair, she falls into a dark despair, abandoning her previous beauty regime and descending into slovenliness. Driven to rage, she attacks the Baron for his unforgivably churlish act: See fierce Belinda on the baron flies, With more than usual lightning in her eyes, Nor feared the chief th’unequal fight to try, But this bold lord with manly strength subdued†¦ â€Å"Now meet thy feate,† incensed Belinda cried, And drew a deadly bodkin from her side. (Pope, 45)   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Belinda, in rebellion against the desires of Man, throws off the strictures of her previous role as Virgin and takes the persona of Warrior. â€Å"Restore the lock!† is Belinda’s cry – she desires what has been taken from her to be returned, as she desires to return to her previous state of innocence. Belinda is not a puppet of the supernatural nor of Man; her rebellion is against the unending march of maturity and gained knowledge, not against the machinations of those who would control her. Belinda has chosen the supernatural rather than the control of Man, and has wrested control of her Self back from the man who would control her. She is still a creature of Man’s conception, but she is no longer a creature for Man’s desire.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Eve and Belinda represent two very different views of female rebellion and independence. Eve, in choosing to perform an action expressly forbidden by her creators, has chosen the path of opposition; Belinda has chosen the control of one of her creators, rejecting the path of the other, who held himself in opposition to the first’s wishes. Belinda has chosen the path not of rebellion, but of total rejection of the assertion of Man’s control. Works Cited Pope, Alexander. â€Å"The Poetry of Pope: A Selection†. New York: Appleton-Century- Crofts, 1954. Martin, Roberta C. â€Å"How Came I Thus?: Adam and Eve in the Mirror of the Other.† College Literature, 27.2 (2000): 57-79. Milton, John. â€Å"Paradise Lost.† New York: Odyssey Press, 1962.

Stock Market Crash

Women in the 1920’s A new era evolved in the 1920’s, a new style of women emerged with it. In the â€Å"Roaring Twenties† many women converted their lifestyle of being home makers who were in charge of cooking, cleaning and taking care of the children to women with short dresses, bob cut hair doos, a cigarette in her mouth and a drink in her hand. This new style of women who emerged with an older prositional style of dress became known as flappers. These women not only changed their appearance and mind set but brought changes to society, the economy, and the role of a typically women.In the rebellious era of the 1920’s some young women began to declare their independence from the male figures in their life, these women were known as the flappers. A flapper was an emancipated young woman who embraced the new fashions and urban attitudes of the day. (McDougal 2003) Women in years before were very conservative, wearing ankle-length dresses, following orders f rom men, and their only job would be house cleaning and taking care of the children. These standards were not those of a flapper, flappers wanted to be viewed as equal to men.Flappers did this by shortening their skirts to 1 inch above the knee, cutting their hair into bob cuts, smoke and drinking in public, talking openly about sex, swearing, binding their bodies to appear thinner, and buying make up. By wearing lipstick, rouge, and eye shadow, flappers resembled prostitutes to an older generation (Parker). Against many people’s views at the time, the flappers did not do all these crazy thing in order to get attention but to prove a point that women are just as free as men and want to be treated as such. â€Å"It is an injustice to both parents and child to bring an unwelcome baby into the world. (Dearborn, 88) This is the views many women had during the 1920’s, before it was socially accepted to use birth control. In decades before 1920 the birth rate had begun to d ecline but in the 1920’s the number of child being born dropped drastically due to the use of contraceptives and information of birth control. This decline was an after mass of Margaret Sanger opening the first birth control clinic in the United States and founding the American Birth Control League in 1921. (McDougal 2003) With birth control becoming socially accepted, women in the 1920’s took one more tep forward by going against the norm and began dating. Before when women were beginning to have the mindset of marriage they were â€Å"courted† by men, this means that men only pursued women they intended on marrying. When women began dating this opened the door for more sexual freedom to both men and women which was social unaccepted and unheard of by many people of the older generations which then caused chaos within the home life of the young flapper women. New opportunities arose for women in the 1920’s when women decided to leave the home maker posit ion and step out into the real world by getting a paying job.The ambitious women who went against the odds to go look for a job would get positions such as teachers, nurses, librarians, typists, clerks, and secretaries. By the end of the decade almost 10 million women were earning wages. This outraged men by making them believe that women would begin getting jobs over the men. Though women did not earn nearly as much as men during that time period, it was a big step in history for women to leave the home and start the evolution of working for money.

Reasons for Implementing Basel III and Its Costs Essay

The global financial crisis (GFC) was a painful wound that marked the twentieth century. It was the greatest crisis the humanity has witnessed since 1930 (the great depression). It first started in the United States and spread then to the entire world and caused a considerable slowdown in most developed countries and has affected the financial markets and the growth prospects in developing countries. It is called the doubled jeopardy crisis as it spread rapidly with a contagious effect to the other countries of the world. Despite the efforts exerted by governments and central banks to rescue the economy from this huge recession through aggressive fiscal and monetary policies, demand in the macroeconomic level dropped. This huge crisis wasn’t the result of a person’s mistake but it was the result of cumulative effect of poor regulations from the financial institutions and from central banks, unregulated hedge funds, multilayered mortgages and the overrating by the credit firms. It first started by the bankruptcy of Lehman Brothers in September 2008 due to the large losses they sustained on the US subprime mortgage market and was followed by the failure of the seventeen largest banks in the US â€Å"the too big to fail† and six hundred other banks in the US. The federal bank was urged to rescue the too big to fail as their failure would have destroyed the whole world economy. The strong interconnectedness between the world countries through the stock market, foreign exchange and international trade led to a contagious crisis in the other countries. Houses prices in USA collapsed with a loss of $2. 4 trillion during eight months hitting the balance sheets of banks exposed to the housing sector, which affected the entire US financial sector, and then, in turn, other developed and developing countries. A sharp decrease in the international trade and in the international stock markets by 50% to 75% from their peaks occurred which resulted in a decrease in the rate of investment and an increase in the rate of unemployment. The USA lost equities worth $16. 2 trillion in 2008. Investment banks collapsed and the IMF began to support countries such as Hungary, Iceland and Ukraine. However the impact of the crisis on developing countries varied depending on their direct or indirect trade links to crisis affected countries. Although governors claim that the global financial crisis didn’t affect Egypt, we discovered that it affected the emerging markets heavily as exports and capital flow have been lower than expected. The real GDP growth of the emerging economies fell from 8. 3% in 2007 to 6. 1% in 2008 and just 2. 4% in 2009. As we can see in the graph, Egypt’s GDP has witnessed a drop of 2. 5% after the global financial crisis. Also the weak financial systems of the emerging markets will take years and years to restore and fewer funds would be available for investment and innovation. In addition the aid that these countries used to get from the large donors set to fall as well as exports who decreased by 20% which explains the decrease of the GDP. This financial crisis is not a shock that damaged banks and financial institutions but actually it damaged many people’s lives. Although the worst of it appeared to happen in the past, its effects are sustainable and long lasting. Employment rate decreased sharply which reflected in an increase in the percentage of people living under the poverty line. Around 120 million people are living on less than $2 a day and 89 million more on less than $1. 25 a day. Same scenario applies for Egypt; we can see in the graph that the unemployment rose from 8. 9% in 2007 to 9. 4% in 2009. This high poverty rate led to higher mortality rates, higher number of depressed and ill people. Another result of this high unemployment rate is a decrease in consumption, businesses will downsize and more unemployed people will be. It is a vicious cycle of recession. That’s why World Bank and financial institutions are urged to find ways out of this crisis and to create stable financial systems that protect the humanity from such disasters. To avoid a reoccurrence of a financial crisis with that expansion and to protect the human beings from its withdrawals the committee of Basel decided to reform the Basel II and to upgrade it to a stricter system with more regulations on the market. Basel committee consists of a group of banks representatives that meet once every three months to enhance the efficiency of the banking sector in a fair and consistent framework. They started by drafting Basel I in 1988, then upgraded it to a more sophisticated one in 2006 and finally drafted Basel III in 2011. This latter is our concern in this term paper. Basel committee on banking supervision and the financial stability board, which consists of 29 members: 2 non-voting and 27 voting, tailored Basel III accord. All through 2008 and 2009 they studied and design the Basel III requirement and revised it through extensive consultation over the year 2010. After the global financial crisis and after feeling its huge negative impacts on people lives, the implementation of Basel accord III became mandatory and the country that wont abide by it won’t have access to loans nor from large donors nations, nor from commercial banks, nor from IMF and World Bank. Also these countries won’t be allowed to issue any foreign derivatives. By the year 2013 each country should be ready to start implementing Basel III requirement and meeting them on 2019. The Basel Committee designed some requirements to be met in order to raise the flexibility of the banking sector and improve its ability to absorb shocks by strengthening the regulatory capital framework, building on the three pillars of the Basel II framework. Basel III mainly consists of raising the quality and level of the capital base, to enhance risk capture and to contain excessive leverage and to introduce new liquidity standards for the global banking system. Basel III consists of an upgrading for the three pillars of Basel II. The first pillar consists of enhancing the minimum capital and liquidity framework. Banks’ risk exposures should be backed up by a high quality capital base and avoid overrated capital. Concerning capital management, banks are asked to have a minimum of 4. 5% common stocks of their risk-weighted assets (RWA) to ensure that they can absorb risks better, they should also raise their new capital conservation to 2. % of RWA to cover any unanticipated risks and a countercyclical buffer of 0% to 2. 5% by the January 2019. Banks should enhance their risk coverage by strengthening the capital requirements for counterparty credit exposures arising from banks’ derivatives, repo and securities financing activities. These reforms will help reduce systemic risk across the financial system and they provide incentives to strengthen the risk management of counterparty credit exposures. After the global financial cris is, the importance of conserving a countercyclical buffer rose. That’s why Basel III accounts for crisis by conserving capital to build buffers for individual banks and the banking sector that can be used in stress and serve as a shock absorber instead of transmitter of risk to the financial system and the broader economy. During the financial crisis, a number of banks continued to make large distributions of dividend as a way to reassure investors although the sector was deteriorating which made individual banks and the sector as a whole weaker. That’s why Basel III introduced a framework that gives supervisors stronger tools to promote capital conservation in the banking sector. Also a leverage ratio requirement is introduced in order to limit leverage in the banking sector and help it to mitigate the risk of deleveraging process that can be harmful to the economy. The second part of the first pillar basically consists of developing two minimum standards for funding liquidity. The first is the liquidity coverage ratio, which promotes the availability of sufficient high quality liquid assets for one-month survival in case of a stress scenario. Banks will cover these liquidity need through tier 1 assets which comprise of cash, central bank reserves and high- quality sovereign debt, and tier 2 assets which consists of high-quality corporate and covered bonds, with min AA- credit-rating and non-zero-risk-weighted sovereign debt. The second is the net stable funding ratio (NSFR) which aims limit over-reliance on short term funding and encourage banks to fund their activities through longer term with a minimum of a year of stable sources of funding on an ongoing structural basis. The NSFR should be covered first through tier 1 which is capital and liabilities with effective maturity of one year or longer (corporate), tier 2 which consists of capital and liabilities with effective maturity of one year or longer (non corporate), stable deposits of retailers and small business customers and finally through wholesalers who are the less unstable source of funding. Pillar two that should be followed by banks consists of enhanced supervisory review process for firm wide risk management and capital planning. Central banks are required to draft a code of governance for their banks and make sure that they abide by this code, that there is a total separation between management and ownership and they should also put a cap for the executives’ remuneration. Finally pillar three requires some disclosure requirements from banks to help improve transparency of regulatory capital and improve market discipline. A full settlement of all regulatory capital elements should be backed to the balance sheet in the audited financial statements. These are basically the requirement of Basel III. Each country’s banks should show a complete abidance by its requirements by 2019. However these changes will cost countries a deer price. Although the implementation of Basel III will protect the banking system from default and will enhance its efficiency, it will cost the global economy a deer price. We will first discuss the cost of Basel III implementation on the developed nations then on Egypt as a developing country. For the G3 â€Å"United States, Euro Area and Japan†, the implementation of Basel III would subtract an annual average of 0. 3 percentage points from their growth path over the full ten-year period (2011-2020). According to the size and the significance of the banking system relative to the economy and the extent to which they will need to adjust to meet the new requirements of Basel III, the Euro Area will be hit the hardest and the Japan the least. Especially during the transition period (2011-2013), there would be an indirect slow down in the employment resulting from the lower GDP growth. First, although the US banking system recovered rapidly after the financial crisis phase in the middle of 2007, the crisis created a considerable increase in its liquidity and capital ratios. To perform the changes in regulation, the US liquid asset ratio should be increased to 22% in 2012, maintained at that level through 2013, and trimmed steadily back to 18% thereafter. To abide by Basel III requirement this will cost the banking sector net interest margin to be squeezed (a decrease in ROE from 12% to 10. 4% in 2020) which will be reflected in a higher lending rate and as a result a lower demand for bank credit, which will accordingly affect the investment, business will downsize, GDP will decrease and employment as well. A heavy price for this regulatory change will be paid which is an increase in the number of unemployed people by 4. 6 million by 2015. Also the US should abide by NSFR requirement by greater reliance on longer-term wholesale funding rather than short-term. Second, the Euro Zone, the largest banking system in the world with a total asset of â‚ ¬31. 1 trillion at the end of 2009, will incur huge costs by implementing Basel III. By applying Basel III requirements the nominal GDP of the Euro Zone will end up about â‚ ¬853 billion lower by 2020 with a cumulative loss of 4. 5% of the average annual GDP growth. As a result the Euro Zone will have about 4. 8 million less jobs being created over the coming years. All these compulsory restraints on the banks are enough to keep the economy in a recession over the year 2014. This implies a loss in the nominal income and consequently a loss in tax revenue about â‚ ¬300 billion (3% of GDP). In addition, when banks boost their holdings of liquid assets and improve their risk weighted capital ratios, this means that they will favor banks lending to governments, which will cause a greater allocation of bank lending toward governments, and crowds out lending to the private sector. Besides, Basel III proposal will have a negative twist to bank credit flows to Emerging Europe (OECD2) in the years ahead as lending them will incur more charges allocated to credit and because maintaining operations in Emerging Europe would become more and more expensive. The third developed country is Japan which will suffer the less from applying these regulatory changes this is because Japan’s banking system stood relatively stable through crisis and the disorder in the Japanese money market was minimal compared to others as they learnt from their crisis of 1980s. The regulatory measures that the Japanese took in the last decade would serve as a good road map for applying Basel III. According to Basel III the Japanese banks should increase their capital by issuing extra ? 15 trillion of Tier 1 (common) equity during the five coming years, but they will face a problem which is that Japanese investors prefer buying debt instruments rather than equity and also the low profitability of Japanese banks makes the issuance of more common stocks unattractive to them. This means that banks would pay a high cost, as they will be forced to cut their balance sheets and downside deflation risks. Banks will also impose higher fees, require additional costs for financial operations, and they may as well reduce their size and their balance sheets by reducing repos, loans, trading assets and securities, which will affect pricing negatively. In addition, the Japanese economy will be negatively affected, as their average cumulative annual growth would decrease by 1. 5% by 2020 and their number of unemployed people will increase. The cost of Basel III implementation will be multiplied by the effect of the weaker growth in credit and nominal income that will consequently weaken tax revenue (loss of 0. 6% of GDP) and compound the Japanese government’s budget deficit and debt difficulties and will deepen deflation risk in Japan as well. Although Japan is the least country affected by this regulatory changes but the price they will pay seem to be price significant especially for an economy where the banking system did not perform poorly through the recent crisis, or reveal itself to be a source of global systemic risk. Not only developed countries will incur the costs of Basel III but also developing countries will do as well including Egypt. Most emerging market banking system are going to incur lower costs than mature markets that’s because their banking systems are well capitalized and maintain ratios of regulatory capital to risk-weighted assets well above the current 8% minimum of the Basel II requirements. Egypt exceeded the minimum capital requirements of Basel II (8% of RWA), as its capital requirement was 11. % of RWA, which may help it to have an easier time to abide by Basel III. That’s why an increase in the minimum requirement of two percentage points, to 10% of risk- weighted assets would not appear to be a significant burden on the Egyptian banking systems that is currently quite well capitalized. However a price should also be paid by the Egyptian banking system, as it has to increase it common stock from 3. 6% of RWA to 4. 5% of RWA which means that investors will get a lower return in comparison their high risk (lower profit by share). As the majority of banks won’t be able to issue more capital, they will be obliged to decrease their RWA by having less banking services, by downsizing their branches, reducing their assets, decreasing their lending and imposing higher fees. Also Egypt will be challenged to meet the net stable funding rule requirements (NSFR), which may lead to an increase in its banks’ overall funding costs. Besides, the potential application of a leverage ratio to off-balance sheet assets such as letters of credit and guarantee for small and medium- sized enterprises and trade finance instruments could have a penalizing effect. Moreover, because Egypt has unstable economic conditions it needs to increase its countercyclical buffer from 0% to 2. 5% of RWA in order to account for any recession and it needs to raise its new conservation buffer from 0% to 2. 5% of RWA. These figures mean that Egypt would be obliged to raise its total capital by around 3. 5% of RWA in additional capital which will reflect in a decrease of Egypt’s GDP by 6% over 2013 to 2019. Egypt will incur an additional cost of Basel III because of the compounded effects generated by the indirect effects of Basel III application. Lending to emerging markets such as Egypt became a costly job for mature markets economies (lending to NON OECD costs 50% risk), which may result in a shortage of Egypt’s liquidity and indirectly inflation pressure would be untamable for food prices. Unfortunately, I have to say that after the glamorous revolution of the 25th of January Egypt’s costs of implementing Basel III will dramatically increase. Because the revolution resulted in a decrease in the Egyptian GDP y 6% in few months, the central bank is using aggressive monetary policy to increase consumption by â€Å"increasing lending† which will consequently cause a higher RWA and will put Egypt in a deeper trouble to apply Basel III requirements. Egypt will pay a triple cost, first the above stated costs of Basel III implementation, then the indirect costs caused by the mature markets who will decrease their lending to Egypt and finally the cost of the revolution that lowered our credit rating from a BB- to BBB+ (junk) which will increase our cost of borrowing from other nations. In my own opinion, Egyptians should wake up, stop riding and start building their economy by hard work, which should be reflected in a high productivity rate that allows firms to increase their sizes instead of downsizing and generating job opportunities. I think the central bank of Egypt (CBE) should start by giving all its attention to solve the current crisis and should seek the Basel committee and beg them to giving Egypt a larger period of implementation in order to be able to meet their requirements. To restructure the current situation of Egypt, the CBE should start by seeking a source of funding in order to satisfy the basic human needs of food and shelter. The CBE could seek the IMF and large donors and urge them to take long term loans in order to rescue the current situation and avoid hunger. Another way to raise funding is to issue bonds in the stock market (unconventional monetary policy tool). This way CBE could obtain some necessary liquidity to import the needed food and to pump more money in the market to create a money illusion so that people start spending. Second, the CBE should start solving the real problem of the Egyptians, which is poor income distribution by giving higher return for post office depositors and by extending their loans. Another way to have a better redistribution of wealth is to enhance the SMES to enlarge their investment and open up new job opportunities by enhancing commercial banks to lend them with low credit rate. I personally think that pumping money in the hand of poor people, although it is a costly process to raise salaries, but it is a rewarding one as the poor population is the one that will use the increase in wealth in consumption rather than savings and hence increase GDP growth. On the long run, after stability takes place in Egypt, huge reforms will be needed in order to rebuild the Egyptian economic system. A decrease in the inflation rate would be recommended. Ã' CBE could use its two conventional monetary olicy tools, which are to decrease the discount rate and the LRR to encourage banks to give loans with lower interest rates, and to minimize the inflation rise hence enhancing consumption and increasing investment and as a result a rise in the GDP will take place. Using aggressive monetary policy can help alleviate the current situation but only a fundamental reform of the educational system, and an efficient allocation of resources would help Egypt to take place among developed countries one day. Egypt is a country with rich resources and with a high labor force that if used efficiently could form a developed nation.